Conditions to Effectiveness Clause Example with 4 Variations from Business Contracts

This page contains Conditions to Effectiveness clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Conditions to Effectiveness. This Amendment shall become effective as of the date on which each of the following conditions has been satisfied (the “Effective Date”): (a) Amendment. Borrowers and Parent shall have delivered to Agent this Amendment, duly executed by an authorized officer of each Credit Party; (b) Representations and Warranties. All representations and warranties of Borrowers contained herein shall be true and correct in all material respects as of the Effective Date except to the extent such represe...ntations and warranties specifically relate to an earlier date (and such parties’ delivery of their respective signatures hereto shall be deemed to be their certification thereof); and (c) Fees and Expenses. Agent shall have received from Borrowers of all of the fees owing pursuant to this Amendment and Agent’s reasonable out-of-pocket legal fees and expenses. View More

Variations of a "Conditions to Effectiveness" Clause from Business Contracts

Conditions to Effectiveness. This Amendment shall become effective as of the date on which each of the following conditions has been satisfied (the “Effective Date”): (a) Amendment. Borrowers and Parent shall have delivered to Agent this Amendment, duly executed by an authorized officer of each Credit Party; Borrower; (b) Representations and Warranties. All all representations and warranties of Borrowers contained herein shall be true and correct in all material respects as of the Effective Date except to the extent such re...presentations and warranties specifically relate to an earlier date (and such parties’ delivery of their respective signatures hereto shall be deemed to be their its certification thereof); and (c) Fees and Expenses. Agent shall have received from Borrowers of all of the fees owing pursuant to this Amendment and Agent’s reasonable out-of-pocket legal fees and expenses. View More
Conditions to Effectiveness. This Amendment shall become effective as of the date on which each of the following conditions has been satisfied (the “Effective Date”): (a) Amendment. Borrowers and Parent shall have delivered to Agent this Amendment, duly executed by an authorized officer of each Credit Party; (b) Amendment to JIG Note Purchase Agreement and Note. Borrowers and Parent shall have delivered to Agent a duly executed copy of an amendment to the JIG Note Purchase Agreement and the Amended and Restated Senior Secur...ed 12% Promissory Note issued in connection therewith, in form and substance satisfactory to the Agent, extending the scheduled maturity date thereof to no earlier than October 21, 2022; (c) Representations and Warranties. All representations and warranties of Borrowers contained herein shall be true and correct in all material respects as of the Effective Date except to the extent such representations and warranties specifically relate to an earlier date (and such parties’ delivery of their respective signatures hereto shall be deemed to be their certification thereof); and (c) (d) Fees and Expenses. Agent shall have received from Borrowers of all of the fees owing pursuant to this Amendment and Agent’s reasonable out-of-pocket legal fees and expenses. View More
Conditions to Effectiveness. This Amendment shall become effective as of the date on which each of the following conditions has been satisfied (the “Effective Date”): (a) Amendment. Borrowers and Parent shall have delivered to Agent this Amendment, duly executed by an authorized officer of each Credit Party; (b) Amendment to JIG Note Purchase Agreement and Note. Borrowers and Parent shall have delivered to Agent a duly executed copy of an amendment to the JIG Note Purchase Agreement and the Amended and Restated Senior Secur...ed 12% Promissory Note issued in connection therewith, in form and substance satisfactory to the Agent, extending the scheduled maturity date thereof to no earlier than October 14, 2022; (c) Representations and Warranties. All representations and warranties of Borrowers contained herein shall be true and correct in all material respects as of the Effective Date except to the extent such representations and warranties specifically relate to an earlier date (and such parties’ delivery of their respective signatures hereto shall be deemed to be their certification thereof); and (c) (d) Fees and Expenses. Agent shall have received from Borrowers of all of the fees owing pursuant to this Amendment and Agent’s reasonable out-of-pocket legal fees and expenses. View More
Conditions to Effectiveness. This Amendment shall become effective as of the date on which each of the following conditions has been satisfied (the “Effective Date”): (a) Amendment. Borrowers and Parent shall have delivered to Agent this Amendment, duly executed by an authorized officer of each Credit Party; (b) Amendment to JIG Note Purchase Agreement and Note. Borrowers and Parent shall have delivered to Agent a duly executed copy of an amendment to the JIG Note Purchase Agreement and the Amended and Restated Senior Secur...ed 12% Promissory Note issued in connection therewith, in form and substance satisfactory to the Agent, extending the scheduled maturity date thereof to no earlier than October 28, 2022; (c) Representations and Warranties. All representations and warranties of Borrowers contained herein shall be true and correct in all material respects as of the Effective Date except to the extent such representations and warranties specifically relate to an earlier date (and such parties’ delivery of their respective signatures hereto shall be deemed to be their certification thereof); and (c) (d) Fees and Expenses. Agent shall have received from Borrowers of all of the fees owing pursuant to this Amendment and Agent’s reasonable out-of-pocket legal fees and expenses. View More